Three Elements of Great Not-for-Profit Leadership interviews the purpose-driven leader, Mike Davis, founder of Purposeful and distilled his learnings into three elements of great not-for-profit leadership.
Community Sector News
Community Sector Banking looks at The future of not-for-profit financing. It notes the importance of value for money, the rise of corporate partnerships, diversifying funding sources, and the need to adopt sophisticated value creation models to improve overall performance and deliver more value to the people and communities we serve.
In Investors jump on SA social bond, as ScoMo looks to a simpler impact investment model, notes that $9 million was poured into the new “Aspire” SIB in SA in under a month. The 3 year program aims to provide “housing, life skills and employment pathways” to 600 homeless people. It also notes the federal Treasurer Scott Morrison is looking to a “bond aggregator” model as an affordable housing policy inspired by a similar program in the United Kingd
Four key ingredients to building an innovation strategy for your NFP observes that "Innovation" is all the rage in Australia right now where the hype is impacting across the corporate and NFP spheres. The article identifies are four essential ingredients to developing an innovation strategy for your organisation.
The recent 2017 Australian Governance Summit focused on importance of ethical decision making. However Barry Rafe, Greenpeace Australia’s director noted that there can be circumstances When Charities Need to Break the Law. He spoke of the vastly different ethical decisions advocacy organisations must make in their day-to-day work. “You can’t be on the Greenpeace board and be timid…. I’ve learnt that as humans we’ve got a human right to break the law”.
The New Science of Behavioral Design is based on the idea that in using a combination of behavioural science and impact evaluation we can “use scientific insights to generate new ideas and then systematically test and iterate on them to arrive at one that works.”
The Systematic Starvation of Those Who Do Good is based on what is currently happening in the United States, however it could apply in Australia. Recent media has pointed out that community services workers in Australia, as in the US, are often poorly paid and their salaries do not reflect their education. It argues that funders need to keep in mind that “fiscal responsibility and efficiency need not be synonymous with poverty wages”.
Fueling the momentum of impact investing is one of an 11 part series exploring what’s next in impact investing and what can be learned from some of the most innovative foundations. This article identifies three trends that will drive scale and take impact investing to the next level.
Many organisations see mergers and partnerships as a way forward to survive the many reforms the sector is facing. Nonprofit mergers that work looks at a recent study uncovering what drives successful mergers and suggests that more nonprofits should consider mergers as a useful tool to increase impact.
The serendipity of impact: the best results often occur from the unexpected encounter: "Take the field of chemistry, for example, where everything from penicillin to was discovered by accident — nobody was looking for them.” But because they were really good at setting up these experiments and getting the right procedures and teams in place, they made it more probable that these coincidences would happen." How do you create similar environments to